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INDUS Holding Full-year Sales Decline; Proposes Dividend

INDUS Holding AG (INHG) Monday reported earnings after tax of 54.7 million euros or 2.07 euros per share for the full year, compared with 56.1 million euros or 2.06 euros per share in the previous year, primarily impacted by lower sales.

Operating income or EBIT declined to 126.7 million euros from 149.6 million euros last year.

Excluding one-time items, adjusted EBITA or adjusted earnings before interest, taxes, and amortization was 153.7 million euros, down from 188.1 million euros a year ago.

Sales for the year decreased to 1.72 billion euros from 1.80 billion euros in the previous year.

The company's Board plans to propose a dividend of 1.20 euros per share.

For fiscal 2025, Indus expects sale to be in the range of 1.75 billion euros - 1.85 billion euros, and adjusted EBITA is expected between 150 million euros and 175 million euros.

Looking ahead, the company sees sales of around 3 billion euros by 2030, and adjusted EBITA is expected to be more than 330 million. It also plans to invest about 500 million euros in acquisitions by 2030.

by RTTNews Staff Writer

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